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Questions # 31:

A firm wants to contract with two suppliers to develop a cellphone tower servicing five million customers. The new technology is required within the next 36 months and has a large budget. The following suppliers are under consideration:

•Supplier A - Has been in business for 20 years; however, every two to three years, its labor force goes on strike

•Supplier B - An established business located in an overseas country which may charge an additional 2% duty on some imported goods

•Supplier C - An established business which has been closed on recent occasions by governing authorities due to health and safety violations

•Supplier D - Has the smallest facilities and workforce of the four, but will be expanding over the next three months and has successfully subcontracted work in order to meet timelines

Based on this information, which two suppliers offer the BEST capacity and capability?

Options:

A.

Suppliers B and D

B.

Suppliers C and D

C.

Suppliers A and C

D.

Suppliers A and B

Expert Solution
Questions # 32:

A supplier of aircraft seating receives a forecast from a major aircraft manufacturer. The forecast information is considered confidential, and thus the supplier must sign a Non-Disclosure Agreement (NDA). Given this situation, which of the following is MOST likely to be protected by the NDA?

Options:

A.

The time frame expected for completion

B.

The start date of the project

C.

The number of aircraft anticipated to be built

D.

The name of the end customer submitting the request for bid

Expert Solution
Questions # 33:

A graph of a firm’s inventory replenishment system reveals the following:

Question # 33

Which of the following is TRUE’

Options:

A.

The order cycle is two and a half days.

B.

The average inventory is 1,850 units.

C.

There is a fixed order quantity of 500 units.

D.

There is near instantaneous replenishment.

Expert Solution
Questions # 34:

A manufacturing firm's facility operates a level production strategy. The initial demand plan is as follows:

MonthJanFebMarAprMayJunJulAug

Unit Sales12,00026,00026,00021,00020,00020,00015,00020,000

Production20,00020,00020,00020,00020,00020,00020,00020,000

The supply management department learns that one of its retailers is planning a promotional event on August 1st that it expects will require an additional 19,000 units. There are 5,000 units in stock for the beginning of January, and maximum inventory holding is 15,000 units.

How many units per month should production increase in order to meet the requirements of its retailer and minimize overall inventory levels?

Options:

A.

2,000

B.

2,500

C.

14,000

D.

2,715

Expert Solution
Questions # 35:

A supply manager is tasked with assisting internal customers in refining their budgets and planning future sourcing. The supply manager works with the firm's marketing director on a budget which includes a large direct mail campaign and the revision of promotional materials for several products.

Six months later, marketing has nearly exhausted the budget due to cost increases in paper and printing, even though the marketing campaign's scope has not changed. Which of the following did the supply manager and marketing director fail to consider?

Options:

A.

Ongoing project monitoring

B.

Comparison of actual results with established goals

C.

Alignment of departmental priorities with those of the parent organization

D.

Use of pricing data to forecast trends

Expert Solution
Questions # 36:

In sourcing packaging for industrial purposes, which of the following will be MOST useful for monitoring price behavior?

Options:

A.

Consumer Price Index - All Items

B.

Producer Price Index - Intermediate Materials

C.

Producer Price Index - Finished Goods

D.

Consumer Price Index - All Items Less Food & Energy

Expert Solution
Questions # 37:

A supplier of aircraft seating receives a forecast from a major aircraft manufacturer. The forecast information is considered confidential, and thus the supplier must sign a Non-Disclosure Agreement (NDA). Given this situation, which of the following is MOST likely to be protected by the NDA?

Options:

A.

The time frame expected for completion

B.

The start date of the project

C.

The number of aircraft anticipated to be built

D.

The name of the end customer submitting the request for bid

Expert Solution
Questions # 38:

Which of the following is the PRIMARY benefit of project governance?

Options:

A.

Projects considered essential are prioritized over others already in progress.

B.

Business projects need less monitoring, which allows local managers freedom to execute their projects.

C.

Projects that are behind targets may be allowed to continue, if the cause of the delay can be resolved.

D.

Business cases and associated benefits are subject to effective scrutiny, which helps with setting project timelines.

Expert Solution
Questions # 39:

Which of the following is calculated by taking the selling price of the buyer's end product and subtracting the required profit?

Options:

A.

Total cost

B.

Target cost

C.

Allowable cost

D.

Should cost

Expert Solution
Questions # 40:

A company develops long range material forecasts, analyzes industry trends, determines commodities for value analysis, and assesses supplier capabilities to assure continual economic supply of goods and services. This company is engaged in

Options:

A.

supply chain mapping

B.

market intelligence

C.

early supplier involvement

D.

inventory control

Expert Solution
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